Answer:
The unit=9
Explanation:
The Cost of underage Cu= price -cost =200-0 =200 ( as there is no variable cost of the unsold room)
Cost of overage Co= cost - salvage value = 0 -(-325) =325
Service level = Cu / Cu+Co = 200/ 325+200 = 0.3809
which corresponds to the z value of -0.3
the optimum overbooking = mean + z x SD
= 10+ 3 x (-0.3) =9
I believe that the strategy you are using when you only read the title, section headings, and captions is called the SQ3R reading method. The abbreviation stands for survey, question, read, recite, and review, and it helps you better understand your assignment.
Answer:
D. Marginal revenue for producing the 9 units is $15
Explanation:
TR(8) = $48
TR(9) = $63
MR(9) = TR(9) - TR(8) = $63 - $48 = $15
AR(8) = TR(8) / 8 = $48/8 = $6
AR(9) = TR(9)/9 = 63/9 = $9
Note: TR=Total revenue, AR= Average Revenue and MR=Marginal Revenue
So, the only correct option is option d
The contract may be enforceable by either Guardian Security or Hedge Fund. So, either of the two is enforceable regarding the contract they have agreed. The contract are enforceably by both of the parties. So the answer in this question is either Guardian Security or Hedge Fund. Contract is a written agreement by two or more parties.
Answer:
"Actions To Take"
Check my records first
Contact the bank right away
Handle the matter quickly
"Actions To Avoid"
Set the note aside and wait until later